All stories about Executive Compensation on BoardProspectshttp://news.boardprospects.com/topic/profile/executive-compensation/All stories about Executive Compensation on BoardProspectsen-usMon, 13 Aug 2018 18:43:57 -0400BLOOMBERG NEWSBNN BloombergDean Foods Tweaks Executive Pay Plan After Cutting Profit Forecasthttp://news.boardprospects.com/articles/3215099/dean-foods-tweaks-executive-pay-plan-after-cutting/(Bloomberg) -- Dean Foods Co., the largest U.S. milk bottler, cut its profit forecast last week. A day later, it amended an incentive compensation plan for senior executives, severing a link between earnings and some of their potential bonus payments...Mon, 13 Aug 2018 18:43:57 -0400http://news.boardprospects.com/articles/3215099/dean-foods-tweaks-executive-pay-plan-after-cutting/BoardNews
<p>(Bloomberg) -- Dean Foods Co., the largest U.S. milk bottler, cut its profit forecast last week. A day later, it amended an incentive compensation plan for senior executives, severing a link between earnings and some of their potential bonus payments...</p>
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David RobinsonThe Journal NewsWhy PepsiCo Paid CEO Indra Nooyi $31 Million, Remained Key Westchester Corporate Titanhttp://news.boardprospects.com/articles/3202747/why-pepsico-paid-ceo-indra-nooyi-31-million-remain/PepsiCo described its leadership change as part of a long-term strategy to navigate industry upheaval, such as consumer shifts away from sugary drinks and packaged foods...Tue, 07 Aug 2018 11:38:51 -0400http://news.boardprospects.com/articles/3202747/why-pepsico-paid-ceo-indra-nooyi-31-million-remain/BoardBlogs
<p>PepsiCo described its leadership change as part of a long-term strategy to navigate industry upheaval, such as consumer shifts away from sugary drinks and packaged foods...</p>
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msn.comCEOs Are Starting to Bank Billion-Dollar Bonuses With IPOshttp://news.boardprospects.com/articles/3176972/ceos-are-starting-to-bank-billion-dollar-bonuses-w/(Bloomberg) -- It's a good time for founders in China to take their startups public, at least by one measure. Chief executive officers are beginning to get ten-figure bonuses with their initial public offerings...Tue, 24 Jul 2018 03:04:47 -0400http://news.boardprospects.com/articles/3176972/ceos-are-starting-to-bank-billion-dollar-bonuses-w/BoardNews
<p>(Bloomberg) -- It&rsquo;s a good time for founders in China to take their startups public, at least by one measure. Chief executive officers are beginning to get ten-figure bonuses with their initial public offerings...</p>
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Robert A. MillerChen LiGeorge-Levi GayleEconomic ResearchHow Well Does Agency Theory Explain Executive Compensation? by George-Levi Gayle, Chen Li, and Robert A. Millerhttp://news.boardprospects.com/articles/3168113/how-well-does-agency-theory-explain-executive-comp/As the share of all income going to the top 1 percent has risen over the past four decades, so has the share of top incomes coming from labor income relative to capital income. The rise in labor income is mainly due to the explosion in executive compensation over the same period—mostly because of the increase in executives being paid with stocks, options, and bonuses...Thu, 19 Jul 2018 04:00:00 -0400http://news.boardprospects.com/articles/3168113/how-well-does-agency-theory-explain-executive-comp/BoardBlogs
<p>As the share of all income going to the top 1 percent has risen over the past four decades, so has the share of top incomes coming from labor income relative to capital income. The rise in labor income is mainly due to the explosion in executive compensation over the same period&mdash;mostly because of the increase in executives being paid with stocks, options, and bonuses...</p>
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ITV HubUK: Royal Mail Suffers Shareholder Defeat Over Directors' Payhttp://news.boardprospects.com/articles/3167527/uk-royal-mail-suffers-shareholder-defeat-over-dire/Royal Mail shareholders have voted against the firm's plan for directors' pay after a row over a salary rise for its new Zurich-based boss. The directors' remuneration report (DRR) was rejected in a vote declared at its annual general meeting in Sheffield on Thursday, with 70% of proxy shareholders voting against the package...Thu, 19 Jul 2018 01:00:00 -0400http://news.boardprospects.com/articles/3167527/uk-royal-mail-suffers-shareholder-defeat-over-dire/BoardNews
<p>Royal Mail shareholders have voted against the firm&rsquo;s plan for directors&rsquo; pay after a row over a salary rise for its new Zurich-based boss. The directors&rsquo; remuneration report (DRR) was rejected in a vote declared at its annual general meeting in Sheffield on Thursday, with 70% of proxy shareholders voting against the package...</p>
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Mike Freemansandiegouniontribune.comExecutive Compensation: Will the New Pay Ratio Disclosure Help Curb What CEOs Make?http://news.boardprospects.com/articles/3160020/executive-compensation-will-the-new-pay-ratio-disc/For decades, politicians, labor unions and pay equity advocates have railed against how much top executives at American companies make. The outrage has sparked a hodgepodge of disclosures requirements, accounting rules and tax policies aimed at reining in CEO pay – with uneven results. Now perhaps most controversial of these efforts – the CEO- to-worker pay ratio – has finally been implemented this year for the first time...Sun, 15 Jul 2018 06:00:00 -0400http://news.boardprospects.com/articles/3160020/executive-compensation-will-the-new-pay-ratio-disc/BoardBlogs
<p>For decades, politicians, labor unions and pay equity advocates have railed against how much top executives at American companies make. The outrage has sparked a hodgepodge of disclosures requirements, accounting rules and tax policies aimed at reining in CEO pay &ndash; with uneven results. Now perhaps most controversial of these efforts &ndash; the CEO- to-worker pay ratio &ndash; has finally been implemented this year for the first time...</p>
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Crude Oil Prices TodayU.S. Oil Executive Pay Increasingly Tied To Investor Returnshttp://news.boardprospects.com/articles/3140106/u-s-oil-executive-pay-increasingly-tied-to-investo/As oil stocks have lagged behind the oil price rally, a growing number of U.S. oil companies are now tying the salaries and short-term bonuses of their top executives to shareholder returns rather than to production growth...Tue, 03 Jul 2018 19:01:32 -0400http://news.boardprospects.com/articles/3140106/u-s-oil-executive-pay-increasingly-tied-to-investo/BoardNews
<p><span>As oil stocks have lagged behind the oil price rally, a growing number of U.S. oil companies are now tying the salaries and short-term bonuses of their top executives to shareholder returns rather than to production growth...</span></p>
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SmartBriefSenators Want SEC to Look Into Stock Buybackshttp://news.boardprospects.com/articles/3137772/senators-want-sec-to-look-into-stock-buybacks/Senators want SEC to look into stock buybacks 7/2/2018 Twenty-one Democratic senators have written to the Securities and Exchange Commission asking it to review rules governing stock buybacks. The letter said the "significant changes in executive compensation practices, shareholder activism and investing technology" that have happened since the rules were revised in 2003 necessitate attention...Mon, 02 Jul 2018 15:23:13 -0400http://news.boardprospects.com/articles/3137772/senators-want-sec-to-look-into-stock-buybacks/BoardNews
<p>Senators want SEC to look into stock buybacks 7/2/2018 Twenty-one Democratic senators have written to the Securities and Exchange Commission asking it to review rules governing stock buybacks. The letter said the "significant changes in executive compensation practices, shareholder activism and investing technology" that have happened since the rules were revised in 2003 necessitate attention...</p>
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Nishant Mohanwsj.comIn a Rare Rebuke, Investors Vote to Oust Director at Bed Bath & Beyondhttp://news.boardprospects.com/articles/3132844/in-a-rare-rebuke-investors-vote-to-oust-director-a/In a rare public protest, investors voted to unseat a longtime director at Bed Bath & Beyond Inc. and rejected the retailer's executive compensation plan. About 60.5 million votes were cast against the re-election of Victoria Morrison, compared with 48 million that were cast in support of her staying on the board, according to a tally released by the company late Friday. Ms...Fri, 29 Jun 2018 23:56:00 -0400http://news.boardprospects.com/articles/3132844/in-a-rare-rebuke-investors-vote-to-oust-director-a/BoardNews
<p>In a rare public protest, investors voted to unseat a longtime director at Bed Bath &amp; Beyond Inc. and rejected the retailer&rsquo;s executive compensation plan. About 60.5 million votes were cast against the re-election of Victoria Morrison, compared with 48 million that were cast in support of her staying on the board, according to a tally released by the company late Friday. Ms...</p>
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priceonomicsPriceonomicsHow Much Do CEOs of Fortune 100 Companies Make?http://news.boardprospects.com/articles/3130086/how-much-do-ceos-of-fortune-100-companies-make/The income gap remains a discussion topic - the current average CEO to median employee salary is about 200:1. In 2015, the Securities and Exchange Commission mandated that all publicly traded companies disclose their executive compensation....Thu, 28 Jun 2018 19:35:00 -0400http://news.boardprospects.com/articles/3130086/how-much-do-ceos-of-fortune-100-companies-make/BoardNews
<p>The income gap remains a discussion topic - the current average CEO to median employee salary is about 200:1. In 2015, the Securities and Exchange Commission mandated that all publicly traded companies disclose their executive compensation....</p>
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4-traders : one website, all marketsNaspers Says it Has Made Changes to its Remuneration Policyhttp://news.boardprospects.com/articles/3126059/naspers-says-it-has-made-changes-to-its-remunerati/After nearly two-thirds of ordinary shareholders voted against Naspers' executive pay policy in 2017 , CEO Bob van Dijk said on Monday management had taken investor concerns into account and made changes to the policy...Tue, 26 Jun 2018 18:28:11 -0400http://news.boardprospects.com/articles/3126059/naspers-says-it-has-made-changes-to-its-remunerati/BoardNews
<p>After nearly two-thirds of ordinary shareholders voted against Naspers&rsquo; executive pay policy in 2017 , CEO Bob van Dijk said on Monday management had taken investor concerns into account and made changes to the policy...</p>
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globeandmailHome - The Globe and MailBlackBerry Shareholders Approve Lucrative Pay Package for CEO John Chenhttp://news.boardprospects.com/articles/3113637/blackberry-shareholders-approve-lucrative-pay-pack/BlackBerry Ltd. shareholders voted in favour of an executive pay package on Wednesday that could see chief executive officer John Chen earn more than US$400-million over the next five years. At its annual meeting in Waterloo, Ont., BlackBerry investors voted 90.6 per cent in favour of a compensation package that puts Mr. Chen in line for an additional US$90-million, on top of stock awards designed to be worth more than US$300-million granted when the CEO received a five-year contract extension in March. Open this photo in gallery BlackBerry Ltd. chief executive John Chen speaks at the ...Wed, 20 Jun 2018 23:32:53 -0400http://news.boardprospects.com/articles/3113637/blackberry-shareholders-approve-lucrative-pay-pack/BoardNews
<p>BlackBerry Ltd. shareholders voted in favour of an executive pay package on Wednesday that could see chief executive officer John Chen earn more than US$400-million over the next five years. At its annual meeting in Waterloo, Ont., BlackBerry investors voted 90.6 per cent in favour of a compensation package that puts Mr. Chen in line for an additional US$90-million, on top of stock awards designed to be worth more than US$300-million granted when the CEO received a five-year contract extension in March. Open this photo in gallery BlackBerry Ltd. chief executive John Chen speaks at the ...</p>
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ReutersUKuk.reuters.comFarewell Package for WPP's Sorrell Opposed by Investor Adviserhttp://news.boardprospects.com/articles/3096151/farewell-package-for-wpp-s-sorrell-opposed-by-inve/LONDON (Reuters) - WPP's decision to allow founder Martin Sorrell to quit with share awards worth millions of pounds faced fresh opposition on Tuesday as Hermes EOS advised shareholders to vote against the advertising giant's remuneration report...Tue, 12 Jun 2018 14:02:00 -0400http://news.boardprospects.com/articles/3096151/farewell-package-for-wpp-s-sorrell-opposed-by-inve/BoardNews
<p>LONDON (Reuters) - WPP&rsquo;s decision to allow founder Martin Sorrell to quit with share awards worth millions of pounds faced fresh opposition on Tuesday as Hermes EOS advised shareholders to vote against the advertising giant&rsquo;s remuneration report...</p>
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National Law ReviewEquity Compensation and the Rise of Restricted Stock Unitshttp://news.boardprospects.com/articles/3083576/equity-compensation-and-the-rise-of-restricted-sto/In recent years, equity compensation programs have increasingly been using restricted stock units (RSUs). A manufacturing company recently made news when it granted RSUs worth millions of dollars to thousands of its employees in connection with its IPO. Statistics show the trend toward RSUs is widespread...Wed, 06 Jun 2018 16:10:00 -0400http://news.boardprospects.com/articles/3083576/equity-compensation-and-the-rise-of-restricted-sto/BoardBlogs
<p>In recent years, equity compensation programs have increasingly been using restricted stock units (RSUs). A manufacturing company recently made news when it granted RSUs worth millions of dollars to thousands of its employees in connection with its IPO. Statistics show the trend toward RSUs is widespread...</p>
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Yahoo! FinanceGoogle Is Pushed to Tie Executive Pay to Progress on Diversityhttp://news.boardprospects.com/articles/3081851/google-is-pushed-to-tie-executive-pay-to-progress-/Larry Page and Sergey Brin have more than half the voting power. In opposing the plan, the company said in a filing that it won't "enhance Alphabet's existing commitment to corporate sustainability," noting that Page collects a salary of just $1. A spokeswoman said the firm had no further comment beyond the statement in the filing. Proxy advisers Institutional Shareholder Services Inc. and Glass Lewis & Co. are split...Tue, 05 Jun 2018 20:01:11 -0400http://news.boardprospects.com/articles/3081851/google-is-pushed-to-tie-executive-pay-to-progress-/BoardNews
<p>Larry Page and Sergey Brin have more than half the voting power. In opposing the plan, the company said in a filing that it won&rsquo;t "enhance Alphabet&rsquo;s existing commitment to corporate sustainability," noting that Page collects a salary of just $1. A spokeswoman said the firm had no further comment beyond the statement in the filing. Proxy advisers Institutional Shareholder Services Inc. and Glass Lewis &amp; Co. are split...</p>
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Tomi KilgoreMarketWatchCEO Pay Ratio Disclosures Provide Little More Than Noise for Investorshttp://news.boardprospects.com/articles/3057857/ceo-pay-ratio-disclosures-provide-little-more-than/The new requirement for companies to report how much more their CEOs made than the typical employee may have produced some "oohs" and "aahs," but that's about it. If there is anything to glean from all the pay ratio disclosures, it's that there needs to be more consistency in how they are calculated and reported before they can be useful to investors...Fri, 25 May 2018 14:56:00 -0400http://news.boardprospects.com/articles/3057857/ceo-pay-ratio-disclosures-provide-little-more-than/BoardBlogs
<p>The new requirement for companies to report how much more their CEOs made than the typical employee may have produced some &ldquo;oohs&rdquo; and &ldquo;aahs,&rdquo; but that&rsquo;s about it. If there is anything to glean from all the pay ratio disclosures, it&rsquo;s that there needs to be more consistency in how they are calculated and reported before they can be useful to investors...</p>
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DAVID GELLESThe New York TimesWant to Make Money Like a C.E.O.? Work for 275 Yearshttp://news.boardprospects.com/articles/3057053/want-to-make-money-like-a-c-e-o-work-for-275-years/Walmart employee earning the company's median salary of $19,177 would have to work for more than a thousand years to earn the $22.2 million that Doug McMillon, the company's chief executive, was awarded in 2017...Fri, 25 May 2018 10:00:09 -0400http://news.boardprospects.com/articles/3057053/want-to-make-money-like-a-c-e-o-work-for-275-years/BoardBlogs
<p>Walmart employee earning the company&rsquo;s median salary of $19,177 would have to work for more than a thousand years to earn the $22.2 million that Doug McMillon, the company&rsquo;s chief executive, was awarded in 2017...</p>
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American BankerHomeStreet's Board Nominees Reelected After Controversial Proxy Battlehttp://news.boardprospects.com/articles/3055533/homestreet-s-board-nominees-reelected-after-contro/HomeStreet's board nominees were reelected following a heated battle with an activist shareholder. The $6.9 billion-asset company said in a press release Thursday that a majority of shares cast supported Scott Boggs, Douglas Smith and Mark Patterson. HomeStreet said all of its proposals, including a nonbinding measure backing annual votes on executive compensation, passed...Thu, 24 May 2018 19:37:00 -0400http://news.boardprospects.com/articles/3055533/homestreet-s-board-nominees-reelected-after-contro/BoardNews
<p>HomeStreet's board nominees were reelected following a heated battle with an activist shareholder. The $6.9 billion-asset company said in a press release Thursday that a majority of shares cast supported Scott Boggs, Douglas Smith and Mark Patterson. HomeStreet said all of its proposals, including a nonbinding measure backing annual votes on executive compensation, passed...</p>
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DAVID GELLESCNBC.comSix CEO Pay Packages That Explain Soaring Executive Compensationhttp://news.boardprospects.com/articles/3056590/six-ceo-pay-packages-that-explain-soaring-executiv/One chief executive made $102.2 million last year. Another earned 4,987 times her median employee's pay. This was C.E.O. pay in 2017...Fri, 25 May 2018 10:01:16 -0400http://news.boardprospects.com/articles/3056590/six-ceo-pay-packages-that-explain-soaring-executiv/BoardBlogs
<p>One chief executive made $102.2 million last year. Another earned 4,987 times her median employee&rsquo;s pay. This was C.E.O. pay in 2017...</p>
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Reutersreuters.comMorgan Stanley Shareholders Side with Board at Annual Meetinghttp://news.boardprospects.com/articles/3054787/morgan-stanley-shareholders-side-with-board-at-ann/PURCHASE, N.Y. (Reuters) - Morgan Stanley shareholders sided with the company's board on all votes taken at their annual meeting on Thursday, electing the slate of directors and endorsing the company's compensation of top executives...Thu, 24 May 2018 15:35:09 -0400http://news.boardprospects.com/articles/3054787/morgan-stanley-shareholders-side-with-board-at-ann/BoardNews
<p>PURCHASE, N.Y. (Reuters) - Morgan Stanley shareholders sided with the company&rsquo;s board on all votes taken at their annual meeting on Thursday, electing the slate of directors and endorsing the company&rsquo;s compensation of top executives...</p>
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Clark SchultzStock Market News & Financial AnalysisWynn Shareholders Reject Executive Pay Planhttp://news.boardprospects.com/articles/3052370/wynn-shareholders-reject-executive-pay-plan/Shareholders at Wynn Resorts (NASDAQ: WYNN ) voted against the executive compensation plan during the annual meeting held last week. Almost 79% of the shareholders that voted rejected the company's pay plan...Tue, 22 May 2018 23:47:15 -0400http://news.boardprospects.com/articles/3052370/wynn-shareholders-reject-executive-pay-plan/BoardNews
<p>Shareholders at Wynn Resorts (NASDAQ: WYNN ) voted against the executive compensation plan during the annual meeting held last week. Almost 79% of the shareholders that voted rejected the company's pay plan...</p>
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Carl SurranStock Market News & Financial AnalysisHalliburton Shareholders Vote Down Executive Compensation plan - Halliburton Company HAL)http://news.boardprospects.com/articles/3051376/halliburton-shareholders-vote-down-executive-compe/Halliburton ( HAL ) shareholders have voted against the company's executive compensation for the first time. HAL says it is disappointed by the non-binding vote as executive retention is especially important during a CEO transition period, noting that other oilfield services companies have tended to aggressively recruit its executives for their own leadership teams; HAL says more than 25 of its former executives left the company to become senior execs at similar companies...Tue, 22 May 2018 02:52:40 -0400http://news.boardprospects.com/articles/3051376/halliburton-shareholders-vote-down-executive-compe/BoardNews
<p>Halliburton ( HAL ) shareholders have voted against the company&rsquo;s executive compensation for the first time. HAL says it is disappointed by the non-binding vote as executive retention is especially important during a CEO transition period, noting that other oilfield services companies have tended to aggressively recruit its executives for their own leadership teams; HAL says more than 25 of its former executives left the company to become senior execs at similar companies...</p>
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4-traders : one website, all marketsLloyds Banking: Faces Shareholder Revolt as CEO's Pay is 95 Times That of Average Workerhttp://news.boardprospects.com/articles/3049978/lloyds-banking-faces-shareholder-revolt-as-ceo-s-p/Lloyds Banking Group is facing the prospect of a shareholder rebellion after giving its chief executive, António Horta Osório, a pay packet that is nearly 100 times larger than the average worker's at the bank. The advisory group Institutional Shareholders Services (ISS) has recommended a vote against the bank's remuneration report at the annual general meeting on 24 May, highlighting discrepancies between "pay and relative performance"...Mon, 21 May 2018 19:12:07 -0400http://news.boardprospects.com/articles/3049978/lloyds-banking-faces-shareholder-revolt-as-ceo-s-p/BoardNews
<p>Lloyds Banking Group is facing the prospect of a shareholder rebellion after giving its chief executive, Ant&oacute;nio Horta Os&oacute;rio, a pay packet that is nearly 100 times larger than the average worker&rsquo;s at the bank. The advisory group Institutional Shareholders Services (ISS) has recommended a vote against the bank&rsquo;s remuneration report at the annual general meeting on 24 May, highlighting discrepancies between &ldquo;pay and relative performance&rdquo;...</p>
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Pharma NewsDespite 34% Cut, AstraZeneca Shareholders Still Don't Like CEO Soriot's £9.4M Payhttp://news.boardprospects.com/articles/3049977/despite-34-cut-astrazeneca-shareholders-still-don-/AstraZeneca shareholders revolted over executive pay again this year, with 35% having voted against it, including the £9.4 million package for CEO Pascal Soriot. (AstraZeneca) AstraZeneca has made some headway with investors persistently provoked by its executive pay—but not much...Mon, 21 May 2018 17:41:59 -0400http://news.boardprospects.com/articles/3049977/despite-34-cut-astrazeneca-shareholders-still-don-/BoardNews
<p>AstraZeneca shareholders revolted over executive pay again this year, with 35% having voted against it, including the &pound;9.4 million package for CEO Pascal Soriot. (AstraZeneca) AstraZeneca has made some headway with investors persistently provoked by its executive pay&mdash;but not much...</p>
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awilmothNewsOKChesapeake Shareholders Reject Executive Pay Planhttp://news.boardprospects.com/articles/3044486/chesapeake-shareholders-reject-executive-pay-plan/Chesapeake shareholders reject executive pay plan Chesapeake Energy Corp. shareholders on Friday rejected the company's executive compensation plan in a nonbinding, advisory vote. The proposal received 45 percent of the vote. Chairman Brad Martin defended the compensation plan at the company's annual shareholder meeting Friday, saying the firms recommending shareholders vote against the plan didn't understand the factors the plan considers...Sat, 19 May 2018 11:00:14 -0400http://news.boardprospects.com/articles/3044486/chesapeake-shareholders-reject-executive-pay-plan/BoardNews
<p>Chesapeake shareholders reject executive pay plan Chesapeake Energy Corp. shareholders on Friday rejected the company's executive compensation plan in a nonbinding, advisory vote. The proposal received 45 percent of the vote. Chairman Brad Martin defended the compensation plan at the company's annual shareholder meeting Friday, saying the firms recommending shareholders vote against the plan didn't understand the factors the plan considers...</p>
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usatodayusatoday.comCEOs Aren't Disclosing Their Real Compensation. The Pay Gap is Much Worse Than You Think.http://news.boardprospects.com/articles/3038503/ceos-aren-t-disclosing-their-real-compensation-the/CEOs aren't disclosing their real compensation. The pay gap is much worse than you think. The pay gap between workers and CEOs is already high. Add in gains on stock options, and it's infuriating. We need to keep CEOs accountable. Post to Facebook CEOs aren't disclosing their real compensation. The pay gap is much worse than you think. The pay gap between workers and CEOs is already high...Thu, 17 May 2018 11:01:52 -0400http://news.boardprospects.com/articles/3038503/ceos-aren-t-disclosing-their-real-compensation-the/BoardBlogs
<p>CEOs aren't disclosing their real compensation. The pay gap is much worse than you think. The pay gap between workers and CEOs is already high. Add in gains on stock options, and it's infuriating. We need to keep CEOs accountable. Post to Facebook CEOs aren't disclosing their real compensation. The pay gap is much worse than you think. The pay gap between workers and CEOs is already high...</p>
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Quentin FottrellMarketWatchFortune 500 CEOs are Paid From Double to 5,000 Times More Than Their Employeeshttp://news.boardprospects.com/articles/3037533/fortune-500-ceos-are-paid-from-double-to-5000-time/Transparency on executive pay shows how the other half lives. Chief executive pay in the U.S. is among the highest in the world, according to a new report by the staff of Keith Ellison, a Democratic congressman for Minnesota. U.S. publicly-listed companies have begun releasing how much their CEOs make compared to the rest of their staff. The revelations are required under a 2015 rule in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010...Wed, 16 May 2018 07:10:00 -0400http://news.boardprospects.com/articles/3037533/fortune-500-ceos-are-paid-from-double-to-5000-time/BoardBlogs
<p>Transparency on executive pay shows how the other half lives. Chief executive pay in the U.S. is among the highest in the world, according to a new report by the staff of Keith Ellison, a Democratic congressman for Minnesota. U.S. publicly-listed companies have begun releasing how much their CEOs make compared to the rest of their staff. The revelations are required under a 2015 rule in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010...</p>
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4-traders : one website, all marketsJPMorgan Shareholders Vote to Back Board, Executive Payhttp://news.boardprospects.com/articles/3035779/jpmorgan-shareholders-vote-to-back-board-executive/NEW YORK (Reuters) - JPMorgan Chase & Co shareholders on Tuesday voted to back the bank's management on all of its propositions at the annual shareholder meeting in Plano, Texas, including to reelect the entire board of directors and to approve executive compensation...Tue, 15 May 2018 18:20:53 -0400http://news.boardprospects.com/articles/3035779/jpmorgan-shareholders-vote-to-back-board-executive/BoardNews
<p>NEW YORK (Reuters) - JPMorgan Chase &amp; Co shareholders on Tuesday voted to back the bank's management on all of its propositions at the annual shareholder meeting in Plano, Texas, including to reelect the entire board of directors and to approve executive compensation...</p>
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Reutersreuters.comConocoPhillips Shareholders Reject Executive Pay Proposalhttp://news.boardprospects.com/articles/3035538/conocophillips-shareholders-reject-executive-pay-p/HOUSTON (Reuters) - Shareholders of oil producer ConocoPhillips ( COP.N ) rejected a proposal at their annual meeting on Tuesday that would have linked executive compensation with U.S. accounting standards. FILE PHOTO: A Phillips66-owned Conoco gasoline station in St. Louis, Missouri January 14, 2015...Tue, 15 May 2018 16:29:47 -0400http://news.boardprospects.com/articles/3035538/conocophillips-shareholders-reject-executive-pay-p/BoardNews
<p>HOUSTON (Reuters) - Shareholders of oil producer ConocoPhillips ( COP.N ) rejected a proposal at their annual meeting on Tuesday that would have linked executive compensation with U.S. accounting standards. FILE PHOTO: A Phillips66-owned Conoco gasoline station in St. Louis, Missouri January 14, 2015...</p>
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Vanessa Fuhrmanswsj.comCEO Pay and Performance Often Don't Match Uphttp://news.boardprospects.com/articles/3033840/ceo-pay-and-performance-often-dont-match-up/The best-paid CEOs don't necessarily run the best-performing companies. Corporate boards have tried for years to tie chief executive compensation to the results they deliver. The better the company and its shareholders do, the more the top boss should be paid, or so the pay-for-performance mantra goes. In reality, CEO pay and performance often don't match up, and 2017 was no exception. Among...Mon, 14 May 2018 12:00:00 -0400http://news.boardprospects.com/articles/3033840/ceo-pay-and-performance-often-dont-match-up/BoardBlogs
<p>The best-paid CEOs don&rsquo;t necessarily run the best-performing companies. Corporate boards have tried for years to tie chief executive compensation to the results they deliver. The better the company and its shareholders do, the more the top boss should be paid, or so the pay-for-performance mantra goes. In reality, CEO pay and performance often don&rsquo;t match up, and 2017 was no exception. Among...</p>
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4-traders : one website, all marketsSymantec: Says Investigating Reporting of Certain Accounting Measureshttp://news.boardprospects.com/articles/3034182/symantec-says-investigating-reporting-of-certain-a/(Reuters) - Symantec Corp said on Monday it is investigating company's reporting of certain non-GAAP measures including those that could impact executive compensation programs, stock trading plans, following concerns raised by a former employee. The Norton anti-virus maker said the investigation will also include company's public disclosures including commentary on historical financial results...Mon, 14 May 2018 22:13:17 -0400http://news.boardprospects.com/articles/3034182/symantec-says-investigating-reporting-of-certain-a/BoardNews
<p>(Reuters) - Symantec Corp said on Monday it is investigating company's reporting of certain non-GAAP measures including those that could impact executive compensation programs, stock trading plans, following concerns raised by a former employee. The Norton anti-virus maker said the investigation will also include company's public disclosures including commentary on historical financial results...</p>
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CNBC.comSonnenfeld on Executive Pay and CEOs Who are Now Off-The-Jobhttp://news.boardprospects.com/articles/3025970/sonnenfeld-on-executive-pay-and-ceos-who-are-now-o/Sonnenfeld on executive pay and CEOs who are now off-the-job 1 Hour Ago Jeff Sonnenfeld of the Yale School of Management discusses the growing disconnect between CEO and employee pay, and whether the average annual executive salaries will start to come down...Fri, 11 May 2018 12:07:17 -0400http://news.boardprospects.com/articles/3025970/sonnenfeld-on-executive-pay-and-ceos-who-are-now-o/BoardNews
<p>Sonnenfeld on executive pay and CEOs who are now off-the-job 1 Hour Ago Jeff Sonnenfeld of the Yale School of Management discusses the growing disconnect between CEO and employee pay, and whether the average annual executive salaries will start to come down...</p>
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BloombergBloomberg Pay Index: Highest-Paid Executives for 2017http://news.boardprospects.com/articles/3023885/bloomberg-pay-index-highest-paid-executives-for-20/With a half-billion-dollar pay package for 2017, Evan Spiegel claims the crown of an elite group of corporate leaders. Spiegel, 27, got the $504.5 million package when Snap Inc., the firm he co-founded in college, went public last year, making him the highest-paid executive of a publicly traded U.S. company, according to the Bloomberg Pay Index...Thu, 10 May 2018 10:00:00 -0400http://news.boardprospects.com/articles/3023885/bloomberg-pay-index-highest-paid-executives-for-20/BoardNews
<p>With a half-billion-dollar pay package for 2017, Evan Spiegel claims the crown of an elite group of corporate leaders. Spiegel, 27, got the $504.5 million package when Snap Inc., the firm he co-founded in college, went public last year, making him the highest-paid executive of a publicly traded U.S. company, according to the Bloomberg Pay Index...</p>
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ijournalinsurancejournal.comAIG Shareholders Approve $43 Million Compensation for CEO Duperreaulthttp://news.boardprospects.com/articles/3022783/aig-shareholders-approve-43-million-compensation-f/American International Group Inc said shareholders approved a $43.1 million pay package for 2017 for Chief Executive Officer Brian Duperreault during the company's annual meeting on Wednesday. A nonbinding resolution to endorse the executive compensation passed with 441,882,782 shares in favor and 267,108,670 shares against, the company said...Thu, 10 May 2018 02:06:28 -0400http://news.boardprospects.com/articles/3022783/aig-shareholders-approve-43-million-compensation-f/BoardNews
<p>American International Group Inc said shareholders approved a $43.1 million pay package for 2017 for Chief Executive Officer Brian Duperreault during the company&rsquo;s annual meeting on Wednesday. A nonbinding resolution to endorse the executive compensation passed with 441,882,782 shares in favor and 267,108,670 shares against, the company said...</p>
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Pharma NewsIt's Another Dust-Up Over AstraZeneca's CEO Pay, This Time Focused on His Bonushttp://news.boardprospects.com/articles/3020992/it-s-another-dust-up-over-astrazeneca-s-ceo-pay-th/AstraZeneca slashed CEO Pascal Soriot's total compensation by 34% to £9.4 million ($12.7 million) in 2017, but that pay cut wasn't deep enough for one influential voice on corporate governance...Tue, 08 May 2018 16:58:11 -0400http://news.boardprospects.com/articles/3020992/it-s-another-dust-up-over-astrazeneca-s-ceo-pay-th/BoardBlogs
<p>AstraZeneca slashed CEO Pascal Soriot&rsquo;s total compensation by 34% to &pound;9.4 million ($12.7 million) in 2017, but that pay cut wasn&rsquo;t deep enough for one influential voice on corporate governance...</p>
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Financial Investment NewsWells Fargo, Bank of America CEOs Earn Biggesthttp://news.boardprospects.com/articles/3018653/wells-fargo-bank-of-america-ceos-earn-biggest/The financial industry is gradually becoming more transparent to its customers, but also to its employees. Complying with the 2010 Dodd-Frank law, firms have begun to disclose their CEO pay compared with their median employee's pay. InvestmentNews looked at their proxy filings and found that Wells Fargo 's Tim Sloan was best-paid relative to his employees in 2017...Mon, 07 May 2018 15:19:00 -0400http://news.boardprospects.com/articles/3018653/wells-fargo-bank-of-america-ceos-earn-biggest/BoardNews
<p>The financial industry is gradually becoming more transparent to its customers, but also to its employees. Complying with the 2010 Dodd-Frank law, firms have begun to disclose their CEO pay compared with their median employee&rsquo;s pay. InvestmentNews looked at their proxy filings and found that Wells Fargo &rsquo;s Tim Sloan was best-paid relative to his employees in 2017...</p>
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Reutersreuters.comMeyer Burger Shareholders Symbolically Reject Pay Planhttp://news.boardprospects.com/articles/3006026/meyer-burger-shareholders-symbolically-reject-pay-/ZURICH, May 2 (Reuters) - Meyer Burger's shareholders dealt its directors an embarrassing blow on Wednesday when they rejected the loss-making Swiss technology company's salary plans for 2017. Shareholders in Switzerland have a right to vote on executive pay under changes introduced in 2013, but although such rejections are rare Meyer Burger's pay plan will still go ahead because its vote was non-binding...Wed, 02 May 2018 18:05:07 -0400http://news.boardprospects.com/articles/3006026/meyer-burger-shareholders-symbolically-reject-pay-/BoardNews
<p>ZURICH, May 2 (Reuters) - Meyer Burger&rsquo;s shareholders dealt its directors an embarrassing blow on Wednesday when they rejected the loss-making Swiss technology company&rsquo;s salary plans for 2017. Shareholders in Switzerland have a right to vote on executive pay under changes introduced in 2013, but although such rejections are rare Meyer Burger&rsquo;s pay plan will still go ahead because its vote was non-binding...</p>
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Sharenet (Pty) LtdSHARENETGoldman Sachs Vote Backs Pay, Shows Less Support for Stock Planhttp://news.boardprospects.com/articles/3006017/goldman-sachs-vote-backs-pay-shows-less-support-fo/JERSEY CITY, New Jersey, May 2 (Reuters) - Goldman Sachs Group Inc leaders said more than 87 percent of shares were voted in favor of its executive pay at its annual shareholder meeting, and that a stock plan for employees was approved by more than 65 percent of votes cast. Goldman Sachs leaders gave the preliminary vote tallies at the meeting held in New Jersey on Wednesday...Wed, 02 May 2018 17:46:00 -0400http://news.boardprospects.com/articles/3006017/goldman-sachs-vote-backs-pay-shows-less-support-fo/BoardNews
<p>JERSEY CITY, New Jersey, May 2 (Reuters) - Goldman Sachs Group Inc leaders said more than 87 percent of shares were voted in favor of its executive pay at its annual shareholder meeting, and that a stock plan for employees was approved by more than 65 percent of votes cast. Goldman Sachs leaders gave the preliminary vote tallies at the meeting held in New Jersey on Wednesday...</p>
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Rob KozlowskiPensions & Investments23% of Bristol Myers-Squibb Shareholders Back Proposal About Drug Pricing, Compensationhttp://news.boardprospects.com/articles/3004334/23-of-bristol-myers-squibb-shareholders-back-propo/"Our resolution asked how these very real concerns are being incorporated into corporate governance policies on executive compensation and, importantly, if these policies and practices are consistent with our company's stated mission of 'providing access to prescription medicines at fair prices,'" said ...Tue, 01 May 2018 19:38:50 -0400http://news.boardprospects.com/articles/3004334/23-of-bristol-myers-squibb-shareholders-back-propo/BoardNews
<p>"Our resolution asked how these very real concerns are being incorporated into corporate governance policies on executive compensation and, importantly, if these policies and practices are consistent with our company's stated mission of 'providing access to prescription medicines at fair prices,'" said&nbsp;...</p>
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Stock Market News & Financial AnalysisIVTY Proxy: Board Compensation Is Shameful - Invuity (NASDAQ:IVTY)http://news.boardprospects.com/articles/3003379/ivty-proxy-board-compensation-is-shameful-invuity-/When Christopher Byron died last year, I was reminded of the years I knew him, my first two out of college, when I was an editorial assistant at the (old) New York Observer and he wrote a weekly column about executive compensation. The obscenity of executive pay at the time was still relatively new and it was awesome to hear him talk about the issue. Now executive comp is an old obscenity, like a grandmother's curse. "Feh!"..Mon, 30 Apr 2018 23:35:34 -0400http://news.boardprospects.com/articles/3003379/ivty-proxy-board-compensation-is-shameful-invuity-/BoardBlogs
<p>When Christopher Byron died last year, I was reminded of the years I knew him, my first two out of college, when I was an editorial assistant at the (old) New York Observer and he wrote a weekly column about executive compensation. The obscenity of executive pay at the time was still relatively new and it was awesome to hear him talk about the issue. Now executive comp is an old obscenity, like a grandmother's curse. "Feh!"..</p>
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